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Category: Budgets

Jobs

I mentioned a couple of weeks ago how the financial position of US universities during the pandemic was going to be absolutely shattered.  In the public sector, that’s because states can’t deficit finance and so a declining tax base translates directly into lower public revenues for institutions; in the private sector it’s because there’s a real question about whether any students are going to pay $40K+ for an online semester.  The Chronicle of Higher Education is keeping track of the layoffs at US

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May 21, 2020 3 Comments

Coronavirus (19, but Time is a Flat Circle). Shovel This.

Today I want to talk about economic stimulus and what that is likely to look like for universities and colleges. To be clear, the $100 billion plus in money which has gone out the door so far in emergency benefits, wage subsidies, and various other programs, is not stimulus.  What we are doing now is – in the words of the excellent Jennifer Robson – more like inducing a medical coma; keep the patient (the economy) in a kind of low-functioning stasis

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April 22, 2020 No Comments

A Tale of Two Budgets

The first two big provincial budgets of the year came from British Columbia and Alberta and they could not have been more different. To start out in Victoria, the folks in BC had a nice, tidy, almost do-nothing budget.  Grants to institutions rose by 1% – that is, slightly less than inflation – while spending on student aid rose by nearly 23%.  Some but not all of that money went to a new “BC Access Grant” which got trumpeted all over the

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March 11, 2020 2 Comments

Administrative Bloat, 2020 Edition

Let’s take a look at administrative bloat.  It’s been about four and a half years since we last did it: time for another look. Now, the typical story we hear about administrative bloat concerns the huge numbers of administrative and support staff (henceforth, “A&S Staff”) hired, in contrast to the ranks of the professoriate, which are constantly decimated by predatory managers and yadda yadda.  The second part of that is reasonably easy to de-bunk, as Statistics Canada actually publishes data

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February 18, 2020 2 Comments

Postcard from Alberta (2)

Yesterday, I discussed the peculiarities of Alberta’s financial reporting system for post-secondary education and how it reflects the province’s controlling approach towards post-secondary institutions (if you don’t believe me, ask anyone who’s been a senior admin at both an Albertan institution and one from another province, and see how often they get calls from Ministers and senior government officials).  Today, I want to talk about how that approach is likely to sabotage the governing United Conservative Party’s goals when it

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January 28, 2020 1 Comment

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One Thought to Start Your Day is our founder and CEO Alex Usher’s popular daily blog, brimming with up-to-the-minute insights and informed opinions on today’s higher education industry.

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